OverviewSuggest Edit

Mi-Pay delivers outsourced payment solutions to digital e-commerce clients, primarily in the mobile sector. Its clientele is comprised of mobile operators, virtual operators, prepaid card providers, financial institutions, and media companies. The Company also provides a portfolio of client branded, mobile payment services for mobile operators, financial service providers, utility companies, and media owners from their offices in the U.K., Romania, U.A.E., and India. Its infrastructure allows end customers to top-up using multiple payment methods such as credit or debit card, PaypalTM, bank transfer, and direct debit across all channels.

TypePublic
Founded2003
HQLondon, GB
Websitemi-pay.com

Locations

Mi-Pay is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Feb 2020)44(+1000%)
Revenue (FY, 2018)£3.3 M(+10%)
Share Price (Oct 2017)£0.1
Cybersecurity ratingAMore

Mi-Pay Office Locations

Mi-Pay has offices in London, Sibiu and Dubai
London, GB (HQ)
30 Crown Pl, Hackney
Sibiu, RO
Strada Oituz 25C
Dubai, AE
603 Alfa Building
Show all (3)

Mi-Pay Financials and Metrics

Mi-Pay Revenue

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View revenue for all periods
Mi-Pay's revenue was reported to be £3.34 m in FY, 2018
GBP

Revenue (FY, 2018)

3.3m

Gross profit (FY, 2018)

2.1m

Gross profit margin (FY, 2018), %

62.3%

Net income (FY, 2018)

(235.3k)

EBITDA (FY, 2018)

(2.1m)

EBIT (FY, 2018)

(2.2m)

Market capitalization (31-Oct-2017)

5.2m

Closing stock price (31-Oct-2017)

0.1

Cash (31-Dec-2018)

3.5m
Mi-Pay's current market capitalization is £5.2 m.
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

28.0m27.0m28.0m24.0m26.3m26.6m3.3m2.7m3.0m3.3m3.1m3.3m

Revenue growth, %

(17%)12%

Cost of goods sold

20.3m20.0m21.4m17.6m20.2m20.5m1.5m1.5m1.3m1.2m1.1m1.3m

Gross profit

7.7m7.0m6.6m6.4m6.2m6.1m1.8m1.2m1.7m2.1m2.0m2.1m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

191.0k658.0k784.0k488.0k294.0k542.0k956.4k2.0m3.5m3.5m2.9m3.5m

Accounts Receivable

3.8m4.1m2.7m2.7m3.1m3.5m214.3k167.7k80.1k88.8k126.6k

Inventories

2.0k11.0k17.0k10.0k16.0k7.0k

Current Assets

4.4m4.9m3.6m3.7m4.0m4.7m2.4m3.1m4.5m4.6m4.3m4.9m
GBPFY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

553.0k648.0k(261.0k)419.0k86.0k(180.0k)(1.8m)(4.3m)(1.4m)(439.2k)(621.6k)(235.3k)

Cash From Operating Activities

3.7m2.5m2.3m1.8m1.3m1.1m(579.8k)(3.1m)21.9k105.3k(488.4k)416.1k

Dividends Paid

468.0k572.0k385.0k104.0k104.0k

Cash From Financing Activities

17.2m(1.4m)(1.8m)(1.7m)(1.1m)(362.0k)1.2m832.6k1.6m(66.0k)(65.9k)180.8k
GBPFY, 2006

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Mi-Pay Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Mi-Pay Online and Social Media Presence

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Mi-Pay Frequently Asked Questions

  • When was Mi-Pay founded?

    Mi-Pay was founded in 2003.

  • How many employees does Mi-Pay have?

    Mi-Pay has 44 employees.

  • What is Mi-Pay revenue?

    Latest Mi-Pay annual revenue is £3.3 m.

  • What is Mi-Pay revenue per employee?

    Latest Mi-Pay revenue per employee is £75.8 k.

  • Who are Mi-Pay competitors?

    Competitors of Mi-Pay include Arroweye Solutions, Usio and Cardtronics.

  • Where is Mi-Pay headquarters?

    Mi-Pay headquarters is located at 30 Crown Pl, Hackney, London.

  • Where are Mi-Pay offices?

    Mi-Pay has offices in London, Sibiu and Dubai.

  • How many offices does Mi-Pay have?

    Mi-Pay has 3 offices.